Sonic Automotive acquires Motorcycles of Charlotte and Motorcycles of Greensboro to strengthen powersports presence
Acquiring Company
Sonic Automotive
Acquired Company
Motorcycles of Charlotte and Motorcycles of Greensboro
CharlotteNorth CarolinaRetailAutomotiveTransportationAutomotiveDescription
Sonic Automotive, a Fortune 500 company, has acquired Motorcycles of Charlotte and Motorcycles of Greensboro to solidify its position in the powersports market. Sonic Automotive's expansion into the Southeast through this acquisition demonstrates its ongoing commitment to the powersports sector, further enhancing its portfolio of renowned brands and dealerships.
Quick answer
Sonic Automotive is acquiring Motorcycles of Charlotte and Motorcycles of Greensboro, announced December 6, 2024. Sonic Automotive is based in Charlotte, North Carolina, United States.
- How much did Sonic Automotive pay for Motorcycles of Charlotte and Motorcycles of Greensboro?
- The deal value was not disclosed.
- What does Sonic Automotive do?
- Sonic Automotive, Inc. is a leading automotive retailer that operates in the retail automobile industry.
- Where are Sonic Automotive and Motorcycles of Charlotte and Motorcycles of Greensboro based?
- Sonic Automotive is based in Charlotte, North Carolina, United States. Motorcycles of Charlotte and Motorcycles of Greensboro is based in North Carolina, United States.
- Who are the decision-makers at Sonic Automotive?
- Fundz holds 2 contacts at Sonic Automotive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Retail and Automotive
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Epika Fleet Services completes acquisition of C&R Fleet Services to expand nationwide footprint (January 9, 2025)
- Spotless Brands completes acquisition of Bluebird Express Car Wash and Epic Shine Car Wash to expand into Idaho and Oregon (November 19, 2024)
- Lufthansa secures 41% stake in ITA Airways, set to gain full control by 2033 (January 17, 2025)
- Sweetmore Bakeries completes acquisition of Azteca Bakeries to expand its portfolio (January 16, 2025)
- onsemi Completes Acquisition of Qorvo’s Silicon Carbide JFET Technology Portfolio to Strengthen Power Semiconductors Leadership (January 15, 2025)
- Ahold Delhaize completes acquisition of Romania's Profi (January 3, 2025)
Who to call at Sonic Automotive, and when
When Sonic Automotive changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sonic Automotive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sonic Automotive, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Sonic Automotive. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Sonic Automotive makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Motorcycles of Charlotte and Motorcycles of Greensboro?
Motorcycles of Charlotte and Motorcycles of Greensboro was acquired by Sonic Automotive, based in Charlotte. The deal was reported on December 6, 2024. Sonic Automotive, Inc. is a leading automotive retailer that operates in the retail automobile industry. Sonic Automotive is publicly traded (SAH) and operates in Retail.
When did Sonic Automotive acquire Motorcycles of Charlotte and Motorcycles of Greensboro?
Sonic Automotive's acquisition of Motorcycles of Charlotte and Motorcycles of Greensboro was reported on December 6, 2024. Sonic Automotive, a Fortune 500 company, has acquired Motorcycles of Charlotte and Motorcycles of Greensboro to solidify its position in the powersports market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Motorcycles of Charlotte and Motorcycles of Greensboro do?
Motorcycles of Charlotte and Motorcycles of Greensboro are well-established dealerships in North Carolina, offering a range of European motorcycle brands such as BMW, Ducati, Triumph, and Royal Enfield. It is privately held, operating in Transportation, and is based in North Carolina.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.